Is Loss the only way to get experience in Forex ?

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Originally Posted by shahzad0able

Its a general concept and conclusion that experience comes with the failures and losses, is it true?
If true, then what is the reason behind it? Can we just get experience without getting loss or is the failure the only way to get experience? Why the beginners in the forex, in start suffer losses and then become experienced to handle the trading to get profit? Is there someone who had gained experience without losses?
Please share your views.

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In me it is true. because when i am first start my trading in forex trading without knowledge. i am get loser and i also lose my all capital.than again i am start my trading after 3 month with learning and analysis the forex trading.

loss is a good experience trading and loss is expensive experience trading and beginner often repeat the same mistake in trading because they no trust his own strategy trading and that is why discipline on strategy trading very importrant but i think every trader is ever got loss in trading, because no one can perfect in forex trading.

i have another to get experience in forex trading... we can meet profesional trader,,,try to ask
about how to make consistent profit in forex traing ..it will be usefull...

I think that ts not neccessary to lost in this market to get the experience , most of us will lost in this market so used experience to avoid the same mistake we have done before but sometime we have to accept the lost because no one knows what will happen in the futures really !!

No, there are tons of other ways to gain experience without having to lose your money such as practicing and experimenting in demo account, gathering information, etc. But, there's one thing that can only be gained through losses and failures, which is forging your emotional management and behavior. Since trading in demo account will not trigger any fear or greed in anyway possible.

success is the counted sweestest

This is true that when we loose and experience margin call due to some mistakes and we loose a good opportunity after that , we do think in a way that we will not repeat the mistake in future which is a good sign so in a way losses are the best way to get experience.

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Originally Posted by ToengToeng

No, there are tons of other ways to gain experience without having to lose your money such as practicing and experimenting in demo account, gathering information, etc. But, there's one thing that can only be gained through losses and failures, which is forging your emotional management and behavior. Since trading in demo account will not trigger any fear or greed in anyway possible.

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I don't think if there are tons ways to gain experiences. Gathering information could give us knowledges
only, it's not experiences because we only read from other's experiences. It's not our own experiences, but
it's not only lose which could give us experiences. It was right if demo account is another way to get
experiences in forex besides we can learn from our profit too.

For myself i intend to say that You should purchase advice from experts & grooming a lot on demo account. Its accurate that we should be fit to confronting losses if we poverty to get profits but we can decrease losses by employed slack & stabilise & duty longanimity.

i want to say in this concern that we can not learn how to be stand untill we fall down

in this way untill you face the loss you can not be a perfect trader.